Thu.Apr 18, 2024

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Smart Chains, Mixed Signals: Decoding AI’s Role in Supply Management

Talking Logistics

Modern supply chains today must be intelligent, data-driven, and employ every advanced digital tool and automation application under the sun. At least that’s what today’s business pundits evangelize. But how? Artificial Intelligence (AI), particularly Generative AI, has created a multi-decibel buzz that is unclear, disruptive, inspiring, and annoying all at once.

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ToolsGroup Reimagines Supply Chain Decisions: Unveiling Decision Hub and GenAI-Assisted Planning at Hannover Messe

ToolsGroup

BOSTON, MA and MILAN, ITALY – April 18, 2024 – ToolsGroup, a global leader in supply chain planning software, is set to unveil its latest innovations in decision-centric planning at Hannover Messe. As a pioneer in adopting AI-driven solutions that enable supply chain executives to navigate uncertainty, ToolsGroup has long been on the cutting edge, enabling smarter, faster decisions that drive profit.

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From Globalization to Glocalization

Enterra Insights

Many experts believe the era of “hyper-globalization” is coming to an end — writing has been on the wall for years. What’s replacing hyper-globalization? Some call the new era “localization” or “glocalization.” Some people, including me, prefer the term “regionalization.” I started writing about the movement towards regionalization back in 2008.

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Podcast | Thinking Beyond Cost: New Executive Priorities for Supply Chains

Supply Chain Brain

When it comes to setting priorities for managing the modern-day supply chain, executives can’t have it all.

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The 2025 Annual ProcureCon CPO Report

Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for

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Retailers Say Technology Is a Key Enabler of Omni-Channel Success

BlueYonder

The shift to omni-channel selling has created many challenges for retailers across their order management and fulfillment operations. Demand forecasts need to be accurate to ensure profitability — even in the face of unprecedented volatility. Consumers need real-time visibility to inventory. Products must be strategically allocated across channels, as well as located as close as possible to demand.

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PTC and Arena Named the Outright Leader in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Matrix Assessment

Arena Solutions

PTC was named the outright leading vendor in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Assessment. Arena earned high scores in both assessment categories, Innovation and Implementation, ensuring PTC received the #1 vendor score and matrix placement over competitors such as Siemens, Dassault, and Propel. ABI Research’s detailed study assessed and compared 11 PLM providers to offer an unbiased assessment and ranking.

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How Manufacturers Can Leverage AI & Analytics For Strategic Decision-Making

Silvon Software

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth.

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The System IS the User

Adexa

The System IS the User A Novel Approach to Supply Chain Planning Systems have always been designed to augment and help the users to make better and faster decisions. Their role has been the role of an assistant or a helper to carry out numerical calculations or mundane and routine tasks that can be automated. In software much the same as hardware, so-called robots and routine processes are automated making the job of the users easier and higher quality decisions are made a lot faster.

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What is Just in Time Manufacturing? Benefits & Disadvantages

Unleashed

The manufacturing industry thrives on efficiency gains. Any opportunity to minimise waste and reduce your business costs means greater revenue, higher profits, and happier customers. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. Here’s how it works. What is just-in-time manufacturing?

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Enterprise ABM Marketing Tools: A Marketers Guide

Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.

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Supply Chain Graphic of the Week on Top 15 Busiest Global Ports

Supply Chain Digest

Shanghai and Singapore Top the List

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How AI Transforms Trade Classification and Compliance

Supply Chain Brain

The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.

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Which is the Best: UPS vs FedEx – A Detailed Comparison

Loginext

Choosing between FedEx and UPS for parcel delivery involves complex decisions. LogiNext's logistics management software revolutionizes this process by enabling businesses to switch carriers based on real-time analytics and performance data. This adaptability ensures the most cost-effective and efficient delivery choices, tailored to specific business needs and customer preferences.

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Scope 3 Emissions Reporting: Under the Spotlight for All Businesses

Supply Chain Brain

Emissions reduction isn't only a business imperative — it's an environmental necessity. Scope 3 reporting motivates the business world to generate impactful change.

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Brace for Impact. Unpredictable Tariff Disruptions Are Here––Your Playbook

Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.

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Modular ERP – The Key to Agility (Part 2)

Tecsys

As we discussed in The Key to Agility (Part 1) the development of modular enterprise resource planning (ERP), coupled with the shift to cloud-based solutions, has created opportunities for organizations to develop greater agility and resilience. A cloud-based modular ERP gives companies the ability not only to pivot during times of unexpected turbulence, but also to approach their businesses with a more open mind; they can achieve agility, resilience, as well as opportunity.

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Geely to Sell $1.32 Billion of Volvo Truck Shares

Supply Chain Brain

Geely said the divestment is “in accordance with its long-term strategy” and that it will remain Volvo’s second-largest investor.

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Sustainability Report: Top 10 Food and Beverage Service Providers

Loginext

This article ranks the top 10 food and beverage service providers leading the way in sustainability. From reducing plastic waste to implementing energy-efficient practices, these companies are setting benchmarks in environmental stewardship. The report delves into each company’s specific initiatives, such as sourcing renewable energy, utilizing biodegradable packaging, etc.

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A Guide to Safe Chemical Trucking

West Coast and California Logistics

Hazardous materials barreling down the highway in an 80,000-pound tractor trailer – what can go wrong? Unfortunately, a lot can.

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4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.

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Alaska Air Profit Forecast Signals Rebound From Max Woes

Supply Chain Brain

Alaska shares gained 5% in New York after earlier rising as much as 7.1%, the most in more than two years.

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Slow Asset-Light 3PL M&A Activity, But Emerging Signs of Improvement in 2024

Freight Plus

Capstone’s latest Asset-Light 3PL M&A Update reports it has been a difficult operating environment for third party logistics (3PL) providers since mid-2022, tempering merger and acquisition (M&A) activity over the period. Capstone expects the pace of 3PL M&A activity to improve in the later part of 2024 as an acceleration in freight growth improves sector financial performance […] The post Slow Asset-Light 3PL M&A Activity, But Emerging Signs of Improvement in 2024 appeared

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Bellwether Logistics Company J.B. Hunt Sees Dip in Profit, Revenue in Q1 2024

Supply Chain Brain

The company posted a $127.5 million profit in the opening months of the year, down from nearly $200 million in Q1 of 2023.

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De Minimis Value: Your Essential Guide to International Trade Regulations

ShipBob

If you want to sell products internationally, you’re going to have to pay taxes and duties upon formal entry to the destination country, right? Well, not necessarily. Many countries have what’s called the de minimis threshold which in Latin means “too small to be meaningful or taken into consideration.” Therefore if your product’s value is under a country’s particular threshold, it may be considered tax and duty-free.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Boeing Sharply Criticized at Two Senate Committee Hearings

Supply Chain Brain

One witness said there was a disconnect between Boeing management's words about safety and what workers observe on the factory floor.

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Record High Drug Shortages in the U.S.- Same Dysfunctional Problem

Supply Chain Matters

Supply Chain Matters again points to the conflicting stakeholder interests that continue to result in U.S. wide shortages of life saving pharmaceutical and drug supply. This condition is not something new but rather a reflective of decades old dysfunction in stakeholder financial and other interests. Record High Drug Shortages Business and general media have cited data from the American Society of Health-System Pharmacists ( ASHP ) that indicates 323 critical drugs were in shortage during the fi

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EPA and White House Set Revised CO2 Targets for Automakers

QAD

Complex dynamics shape the global automotive industry’s transition towards battery electric vehicles (BEVs). Today, Western automakers face strategic considerations and challenges amid evolving regulatory landscapes, geopolitical tensions, and competitive pressures, particularly considering China’s growing dominance in the BEV sector. Recent media reports have suggested that the White House has been contemplating responding to political and industry feedback by potentially delaying t